Even as you would consult your attorney when you need legal assistance, it’s wise to choose a Certified Commercial Investment Member (CCIM) professional for the highest level of expertise and experience when you are ready to invest in commercial real estate. The CCIM designation is the equivalent of a graduate degree in commercial real estate; designees set the standard for expertise in both theory and practice. In fact, only 6 percent of commercial realtors can claim the CCIM designation. I am proud to be featured in this article where Sara Patterson explores what CCIM entrepreneurs bring to the table:
Independents’ Power
Individual ambition, competency, and distinct marketplaces contribute to the success of a startup business. For CCIM designees heading up their own businesses, the Institute’s technology; investment and market knowledge; and business referrals spur their success. While the access to CCIM resources allows their practices to compete with bigger players, CCIM entrepreneurs also focus on unusual expertise, specific geography, and narrowly focused niches to stand out.
Client Focus
I am similar to most CCIM designees in that most of us are eager to use our investment knowledge to help our clients grow their businesses. When I saw the opportunity to become a commercial real estate broker and help people use real estate to change their lives, I jumped at the chance. Most of my clients use real estate to create a lifestyle, fund their dreams, and create financial security for themselves and their family.
CCIM Levels the Playing Field
I knew my decision to leave the world of lending behind and become a commercial real estate broker meant I would need to earn my CCIM, quickly, as the article details:
She [Nelson] decided to specialize in multifamily properties and earn the CCIM designation quickly, so her firm could compete with the large companies. In 2017, new tenant relocation laws in Oregon pushed many multifamily investors to sell their properties through the Internal Revenue Code Section 1031 exchange into single-tenant retail properties, which “required no involvement with tenants, toilets, or trash,” according to Nelson.
Since then, she has helped her clients buy properties nationwide and worked with brokers in multiple states. Her CCIM designation allowed Nelson to reach out to national brokers and find inventory that was not on the market but was available for purchase.
At Pacwest Commercial Real Estate we are specialists in 1031 exchange multifamily to triple net and 1031 exchange commercial to triple net. We help our clients use real estate to create the life they’re looking for and provide financial security. You can reach us at 541-912-6583.
Download the article as a PDF: ccim.com-Independents Power
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